Miranda Kerr

News of the donation came from the Otis College in a statement, revealing that Miranda and Evan received a "significant donation" from them that "will allow for ...

“Otis College of Art and Design is an extraordinary institution that encourages young creatives to find their artistic voices and thrive in a variety of industries and careers,” Evan and Miranda shared in their own statement on their donation. Both Evan and Miranda received honorary degrees from the school during the ceremony over the weekend. News of the donation came from the Otis College in a statement, revealing that Miranda and Evan received a “significant donation” from them that “will allow for the repayment of the outstanding student debt of students in the graduating Class of 2022.”

The Otis College of Art and Design said it received a donation from Miranda Kerr and Evan Spiegel that will be used to pay off the entire graduating class' ...

Otis College of Art and Design is a nonprofit institution that was established in 1918. Kerr was also featured, along with Bobby Berk, the host of “Queer Eye.” “Student debt weighs heavily on our diverse and talented graduates,” he said in a release.

SNAP co-founder Evan Spiegel and model Miranda Kerr paid off at least $10M of student debt for college graduates.

“Otis College of Art and Design is an extraordinary institution that encourages young creatives to find their artistic voices and thrive in a variety of industries and careers. "We know that for most of you and your families, the shared burden of student debt is a heavy price that you paid for an exceptional Otis College education," Hirschhorn told the Class of 2022. According to NBC News, President Biden is considering relieving some of the nation’s $1.73 trillion student debt. “The president was incredibly receptive to that. He continued, “We are pleased to announce today that Evan and Miranda, through their Spiegel Family Fund, have made the largest single gift in the history of Otis College. Their gift will enable you to pay your student loans.” It couldn’t get any better.”

Charles Hirschhorn, the president of Otis College of Art and Design, on Sunday shared the stunning news with the Class of 2022: That their entire college ...

Pictured: The Otis College of Art and Design, where Snapchat co-founder Evan Spiegel once attended summer classes. The issue of mounting student loan debt has become a key political talking point in recent years. As the news sunk in, the students were shown jumping out of their seats. 'Student debt weighs heavily on our diverse and talented graduates. Concluding his commencement speech, Hirschhorn told the room full of students: 'We have one more gift for the class of 2022. It can also cause borrowers to put off other life decisions like getting married, having children or buying a house. Their gift will enable you to repay your student loans.' We want to empower your imagination, your creativity, and innovation. Some simply stood in a state of shock. We do not want to see this happen. The founder of Snapchat Evan Spiegel and his model wife Miranda Kerr have paid off the entire student debt belonging to 284 graduates at an art college in Los Angeles. Pictured: The couple are seen at at the Otis College of Art and Design commencement ceremonies where graduating students learned that Spiegel has paid for their tuition Pictured: Graduating students at the Otis College of Art and Design celebrate upon learning that their student debts would be paid off by Snapchat co-founder Evan Spiegel

Australian supermodel Miranda Kerr and her billionaire husband Evan Spiegel will pay off millions of dollars worth of college debt.

“It changed my life and made me feel at home. We will never forget this,” one wrote. We do not want to see this happen.” “We hope this gift will enables you to do great things and to pay it forward, and do great things for others,” he said. “We are pleased to announce today that Evan and Miranda, through their Spiegel Family Fund, have made the largest single gift in the history of Otis College. Their gift will enable you to pay your student loans.” “We know that for most of you and your families, the shared burden of student debt is a heavy price that you paid for an exceptional Otis College education,” he said.

Students told the Los Angeles Times that they burst into tears upon hearing the news that their debt would be paid off.

Student-loan debt remains a $1.7 trillion crisis in the US — an estimated 43.4 million borrowers have federal student-loan debt. "Student debt weighs heavily on our diverse and talented graduates," Charles Hirschhorn, the school's president, said in a statement. "I can't believe this is actually happening." The Snap CEO and his wife, a supermodel and the founder of skincare brand Kora Organics, made a multimillion-dollar donation Sunday to Otis College of Art and Design. The donation will cover outstanding student debt for the 285 graduates in the class of 2022. Otis College didn't reveal the exact amount of the donation other than to say in a press release that it's the largest single gift in the history of Otis College. The Los Angeles Times reported that it surpassed the previous largest donation of $10 million. Recent graduates of a Los Angeles art school saw their student-loan debt wiped out in a single day — and they have Evan Spiegel and Miranda Kerr to thank.

Miranda Kerr and Evan Spiegel have paid the debts of Otis College of Art and Design's graduating class of students.

Otis College of Art and Design received its largest single gift from Miranda Kerr and Evan Spiegel, which will be used to help its 2022 graduates pay back ...

Furthermore, he continued, a second fund has been established to "reduce comparable student debt that has not been certified by the college." After the ceremony, Berk reacted to Kerr and Spiegel's gift. "We know that for most of you and your families the shared burden of student debt is a heavy price that you paid for an exceptional Otis College education," Charles Hirschhorn, president of the L.A.-based school, said. I felt pushed and challenged to grow, surrounded by super talented artists and designers and we were all in it together. We want to empower your imagination, your creativity and innovation….You have the support of the entire Otis community as well as Miranda and Evan. So, we are pleased to announce today that Evan and Miranda, through their Spiegel Family Fund, have made the largest single gift in the history of Otis College. Their gift will enable you to repay your student loans." Miranda Kerr and Evan Spiegel made the largest single gift in Otis College of Art and Design's history to help the 2022 graduates pay back their student loans.

Aussie model-slash-skincare-girlboss Miranda Kerr and her billionaire husband Evan Spiegel (the co-founder of Snapchat) have paid off an entire graduating ...

According to 9Honey, Hirschhorn said 77 per cent of the student body are people of colour. “It is a privilege for our family to give back and support the Class of 2022, and we hope this gift will empower graduates to pursue their passions, contribute to the world, and inspire humanity for years to come.” “Otis is incredibly grateful for this historic gift from Miranda Kerr and Evan Spiegel, which will be life-changing for the Class of 2022 and their families,” said college President Charles Hirschhorn in a statement.

But everyone makes mistakes, and the 56-year-old bungled his words while reading out a segment on model Miranda Kerr during Tuesday evening's bulletin.

Generous: The story dealt with Kerr's act of charity alongside her husband, Snapchat co-founder Evan Spiegel. The pair have paid off the entire student debt of 284 graduates at an art college in Los Angeles, said to be worth to USD $10m. Pictured: The couple are seen at at the Otis College of Art and Design commencement ceremonies Pictured: Graduating students at the Otis College of Art and Design celebrate upon learning that their student debts would be paid off by Snapchat co-founder Evan Spiegel The pair have paid off the entire student debt of 284 graduates at an art college in Los Angeles, said to be worth to USD $10m.

Spiegel and Kerr, who have been married since 2017, gave the commencement speech and got honorary degrees from Otis College of Art and Design.

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The school was given “the largest gift in the history of Otis College” through the Spiegel Family Fund, Otis College president Charles Hirschhorn said.

"Imagine what is possible in the next 100 years if we dare to create a better future." "This honor is especially meaningful to me because Otis has played such an important role in my life as a designer." "We know that for most of you and your families, the shared burden of student debt is a heavy price that you pay for an exceptional Otis education," Otis College President Charles Hirschhorn told students at Sunday's ceremony.

The Otis College of Art and Design said it received a donation from Miranda Kerr and Evan Spiegel that will be used to pay off the entire graduating class' ...

Otis College of Art and Design is a nonprofit institution that was established in 1918. Kerr was also featured, along with Bobby Berk, the host of “Queer Eye.” “Student debt weighs heavily on our diverse and talented graduates,” he said in a release.